[Phihong] Announcement regarding disposal of real estate by subsidiary Jin Shenghong (Jiangxi) Electronics Co., Ltd. (PHE)

1. Name and nature of the target: Land, buildings, and equipment in the Fengyuan Avenue area, Shangzhuang Street, Fengcheng City, Jiangxi Province. 2. Date of occurrence: June 5, 2026. 3. Board approval date: June 5, 2026. 4. Transaction amount: Total building area of 10,826.07 sqm and land area of 41,957.00 sqm. Total price including land, buildings, and structures is 10 million RMB (tax included), covering interior decorations, power distribution equipment, etc. 5. Counterparty: Phihong (Dongguan) Electronics Co., Ltd. (PHC), a 100% indirectly held subsidiary of the company. 6. Purpose: To liquidate real estate assets to facilitate the repayment of PHC's advance payments. 7. Pricing method: Negotiation based on a third-party valuation of 10,152,943.34 RMB by Beijing Chenxinbo Asset Appraisal Co., Ltd. 8. Audit: Approved by the audit committee on June 5, 2026.